Young entrepreneurs must be helped to focus on growth

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Mr Eugene Eluerkeh, Chief Operating Officer, Options Mark Limited, a Retail Shopping outlet, says although young entrepreneurs need to appreciate the teething problems of business, they should be helped to focus on growth.

The good prospects about businesses, he said, would stimulate the mindset of prospective small and medium entrepreneurs to venture into businesses and make productive gains in spite of the challenges.

Mr Eluerkeh, who is also a Lecturer at Ashesi University, said this in Accra at the induction of the sixth cohort of entrepreneurs into the Ghana Climate Innovation Centre (GCIC) in Accra.

The induction ceremony will serve as a platform to highlight GCIC’s pivotal role and support to green entrepreneurs and women-led business and stimulate discussions on critical requirements for building strong businesses.

The purpose of GCIC is to provide incubation support services to a set of transformative entrepreneurs who have innovative solutions and businesses that aid in the mitigation or adaptation of climate change

He said even though the Government was leading the efforts in the entrepreneurship space, it was important for stakeholders to work together to keep the transition moving for sustained growth in the sector.

Mr Eluerkeh said there should be a virtuous cycle of growth and prosperity where stakeholders moved from ideas and concepts to reality and as well fashion out modalities for the growth of young entrepreneurs.

He said Ashesi University had introduced a programme on foundation of design entrepreneur and creative approach to African development where every student was expected to think about an African problem and proffer solutions.

Madam Melissa Nsiah, Programme Director, Stanford Seed, said the innovative programme sought to stimulate the creation of economic opportunities through entrepreneurship, and the growth of businesses that change the lives of people who live in poverty around the world.

She said Seed Transformation Network Ghana Chapter inaugurated the class of 2021 to prepare and empower them to grow and scale up their businesses to positively impact the Ghanaian economy.

Mr Prince Manu Yeboah, Executive Director, Ropryn Limited, an Agribusiness Firm said he was motivated to be an entrepreneur because of the demand for green vegetables and stressed that for businesses to be competitive in the sector, they need to reduce the level of chemicals to optimize the benefits.

Mrs Freda Obeng-Ampofo, the Chief Executive Officer, KAEME, dealers in Cosmetic Products, urged young entrepreneurs to persevere and strife for excellence in the pursuit of their business models and mentioned mentorship as one of her challenges.

Source:Kodjo Adams | gna.org.gh

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